Banker and lender, Deepak Parekh, said on Tuesday that unidentifiable shell companies
are being used to pay bribes.
In fact, many named as directors of these shell companies
were unaware of their status.
Purti Power and Sugar Ltd in which Gadkari owns shares, consists of 18 companies that hold 80 per cent of equity in Purti Industries, and are seemingly shell companies
Shell LLCs and other paper companies can be used in a number of common money laundering schemes, such as credit card bust-outs where the company's credit is built up on various cards using false identities, and then other illicit shell companies
who are part of the scheme make phony transactions.
He is currently serving as Chairman Shell Companies
in Pakistan and Managing Director Shell Pakistan Limited since September 2006.
The largest of the shell companies
was begun two years before Vice President Dick Cheney became Halliburton's chief executive, the report said.
This and next month's columns focus on billing schemes that involve shell companies
The London-based Shell companies
have agreed to sell their PET and PEN businesses to the Mossi & Ghisolfi Group of Tortona, Italy.
Mikhail Syroejine, a station procurement official, allegedly used Yegmenov's shell companies
to receive a payment of $2 million for Sony equipment.
In addition, Organik is creating three public shell companies
, meaning they will exist but won't have actual operations.
IP Checkups plans to release a free, online database of patents belonging to Intellectual Ventures and its shell companies
MAURITIUS assured India on Friday that it would not allow shell companies
to operate from its soil.